Business · Economy · 19 hrs ago

Economist links Spain’s housing crisis to decades of policy

Economist links Spain’s housing crisis to decades of policy

Economist Santiago Niño Becerra traces Spain’s housing problem to 1956, when a minister called for Spain to be a country of homeowners.

He says rent laws introduced in 1964 and changed in 1985 helped steer housing towards ownership rather than long-term renting.

He says rental supply fell 61% from 2020 to 2025, since recent housing laws were passed.

Niño Becerra estimates Spain is short of 700,000 to 750,000 homes and says many of the country’s three million empty homes need major work or are poorly located.

He proposes letting the state use empty homes, set the rent and pay the owners, without taking ownership of the properties.

He says this could ease the crisis, but questions whether it would be legally possible and worries it might create insecurity.

He points to Vienna’s long-running social housing model as a better example, while saying no Spanish government has an easy solution.

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What people are saying

Santiago Niño BecerraEconomist and professor of Economic Structure
The problem of housing in Spain began on 2 May 1956
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If you put obstacles in the way and there is no supply, what is available ends up being expensive
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No government, national or regional, has an easy solution
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José Luis de ArreseHousing minister in 1956
We want Spain to be a country of owners, not proletarians
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